Phones R Us uses a perpetual inventory system when recording its cash payments and cash receipts.In June,the business purchases $5,000 of goods on account with terms of 2/10,n/30.Select the correct entry to record the payment of the goods within the discount period.

Question

Quizplus · Accepted Answer

The Answer of Phones R Us uses a perpetual inventory system when recording its cash payments and cash receipts.In June,the business purchases $5,000 of goods on account with terms of 2/10,n/30.Select the correct entry to record the payment of the goods within the discount period.

Phones R Us Uses a Perpetual Inventory System When Recording